Bedfordshire
2014 Annual Business Confidence Report
Headlines
- 2014 was a record year for company registrations in Bedfordshire when compared to any year in history.
- The second half of 2014 saw a new record in company registrations in Bedfordshire when compared to any previous second half year.
- Q4 2014 saw a new record in company registrations in Bedfordshire when compared to any previous Q4.
- December 2014 saw a new record in company registrations in Bedfordshire when compared to any previous December.
- November 2014 saw a new record in company registrations in Bedfordshire when compared to any previous November.
- October 2014 saw a new record in company registrations in Bedfordshire when compared to any previous October.
- The second half of 2014 saw a new record in company closures in Bedfordshire when compared to any previous second half year.
- December 2014 saw a new record in company closures in Bedfordshire when compared to any previous December.
- 2014 was a record year for net growth in Bedfordshire when compared to any year in history.
- November 2014 saw a new record in net growth in Bedfordshire when compared to any previous November.
- October 2014 saw a new record in net growth in Bedfordshire when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2014)
2014 was a record year for company registrations in Bedfordshire when compared to any year in history.
A total of 5,760 companies were formed in Bedfordshire in 2014. This total is 13.7% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Bedfordshire UK 2014 5,760 582,051 2013 5,067 529,363 2012 4,468 491,893 2011 3,890 452,870 2010 3,474 400,358 Record Year 2014 (5,760) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company registrations in Bedfordshire when compared to any previous second half year.
In the second half of 2014 a total of 2,775 companies were formed in Bedfordshire. This figure is 11.9% higher than last year, which compares well to the UK wide figure of 8.2%.
The highest total for a second half year in Bedfordshire occurred in 2014 when a total of 2,775 were formed.
Half Year (Jul-Dec) Bedfordshire UK 2014 2,775 281,320 2013 2,481 259,931 % change 11.9% 8.2% Record Year 2014 (2,775) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Q4 2014 saw a new record in company registrations in Bedfordshire when compared to any previous Q4.
A total of 1,366 companies were registered in Bedfordshire during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 11.2% versus the same period last year (Q4 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.4% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Bedfordshire UK 2014 1,366 137,906 2013 1,228 127,247 % change 11.2% 8.4% Record Year 2014 (1,366) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company registrations in Bedfordshire when compared to any previous December.
November 2014 saw a new record in company registrations in Bedfordshire when compared to any previous November.
October 2014 saw a new record in company registrations in Bedfordshire when compared to any previous October.
New Companies by Month
October November December New companies in 2014 513 478 375 New companies in 2013 494 421 313 % change 3.8% 13.5% 19.8% Record Year 2014 (513) 2014 (478) 2014 (375)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 3,436 companies were dissolved in Bedfordshire in 2014. This total is 13.7% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.
Year Bedfordshire UK 2014 3,436 367,937 2013 3,023 332,213 2012 2,483 293,729 2011 2,468 314,524 2010 2,575 342,233 Record Year 2009 (3,734) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company closures in Bedfordshire when compared to any previous second half year.
In the second half of 2014 a total of 1,811 companies were dissolved in Bedfordshire. This figure is 16.0% higher than last year, which compares badly to the UK wide change of 7.7%.
The highest total for a second half year in Bedfordshire occurred in 2014 when a total of 1,811 were closed.
Half Year (Jul-Dec) Bedfordshire UK 2014 1,811 190,730 2013 1,561 177,021 % change 16.0% 7.7% Record Year 2014 (1,811) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 840 companies were dissolved in Bedfordshire during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 2.1% versus the same period last year (Q4 2013). This figure compares poorly to the UK as a whole, which saw a decrease of 2.0% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Bedfordshire UK 2014 840 89,060 2013 823 90,851 % change 2.1% -2.0% Record Year 2014 (840) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company closures in Bedfordshire when compared to any previous December.
Dissolved Companies by Month
October November December Closed companies in 2014 259 254 327 Closed companies in 2013 264 249 310 % change -1.9% 2.0% 5% Record Year 2012 (279) 2010 (255) 2014 (327)
Net Company Growth
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Annual Data (2014)
2014 was a record year for net growth in Bedfordshire when compared to any year in history.
A total of 2,324 companies were added to the company register for Bedfordshire in 2014. This number represents growth of 40.3% in the total number of active companies, which compares favourably to the UK figure of 36.8%.
This number is 280 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2014 when the Bedfordshire company register grew by 2,324 companies.
Year Bedfordshire UK 2014 2,324 214,114 2013 2,044 197,150 2012 1,985 198,164 2011 1,422 138,346 2010 899 58,125 Record Year 2014 (2,324) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 the company register for Bedfordshire increased by 964 companies.
Half Year (Jul-Dec) Bedfordshire UK 2014 964 90,590 2013 920 82,910 Record Year 2012 (992) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Bedfordshire during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 526 companies.
fourth quarter (Oct 2014 - Dec 2014) Bedfordshire UK 2014 526 48,846 2013 405 36,396 Record Year 2014 (526) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
November 2014 saw a new record in net growth in Bedfordshire when compared to any previous November.
October 2014 saw a new record in net growth in Bedfordshire when compared to any previous October.
Net Growth by Month
October November December Net growth in 2014 254 224 48 Net growth in 2013 230 172 3 Record Year 2014 (254) 2014 (224) 2012 (154)
UK Company Share
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Annual Data (2014)
In 2014 Bedfordshire formed 1.0% of all UK companies. This is no change on 2013 when Bedfordshire was responsible for 1.0% of all UK companies.
Year Bedfordshire 2014 1.0% 2013 1.0% 2012 0.9% 2011 0.9% 2010 0.9% Record Year (since 1960) 1998 (1.2%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Bedfordshire formed 1.0% of all UK companies. This is the same as the 2013 figure of 1.0%.
Half Year (Jul-Dec) Bedfordshire 2014 1.0% 2013 1.0% 2012 0.9% 2011 0.9% 2010 0.9% Record Year (since 1960) 1998 (1.2%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Bedfordshire formed 1.0% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Bedfordshire 2014 1.0% 2013 1.0% 2012 0.9% 2011 0.9% 2010 0.9% Record Year (since 1960) 1998 (1.2%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 1.0% 1.1% 0.9% UK formation share in 2013 1.0% 1.0% 0.9% % change -1.2% 7.8% 2.5% Record Year 1997 (1.3%) 1998 (1.3%) 1998 (1.4%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 42.4.
The percentage of directors under the age of 25 was 2.7% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 4.0%.
Director Age by Year
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Half Year Data (Jul-Dec 2014)
The average age of a director in the second half of 2014 was 42.3.
The percentage of directors under the age of 25 was 2.7% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.2% compared to the UK figure of 4.5%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The average age of a director in the fourth quarter of 2014 was 42.0.
The percentage of directors under the age of 25 was 2.4% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 4.1% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Annual Data (2014)
The record year for female directors in Bedfordshire was 1991 when 34.2% of all directors were female.
The percentage of female directors in Bedfordshire in 2014 was 27.4%. The average for the UK during this time was 26.1%
Director Gender by Year
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Half Year Data (Jul-Dec 2014)
The record second half year for female directors in Bedfordshire was 2008 when 29.5% of all directors were female.
27.1% of all director appointments in Bedfordshire in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The record fourth quarter for female directors in Bedfordshire was in 2006 when 29.6% of all directors were female.
25.7% of all director appointments in Bedfordshire in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.79% CONSULTING 5.22% CONSULTANCY 1.64% MANAGEMENT 4.58% MANAGEMENT 1.53% CONSULTANCY 3.57% CARE 1.37% PROPERTY 2.66% PROPERTY 1.03% CONSTRUCTION 2.12% ENGINEERING 1.00% ENGINEERING 2.10% CONSTRUCTION 1.00% CARE 2.02% CONSULTANTS 0.85% TRADING 1.94% BUSINESS 0.79% LONDON 1.93% TRANSPORT 0.79% TRANSPORT 1.93% HEALTHCARE 0.76% DESIGN 1.66% J 0.75% CONSULTANTS 1.64% INVESTMENTS 0.64% ELECTRICAL 1.62% IT 0.61% PROPERTIES 1.62% BUILDING 0.61% BUSINESS 1.56% MEDIA 0.60% J 1.54% DESIGN 0.60% CO., 1.50% LUTON 0.60% GLOBAL 1.49% ASSOCIATES 0.60% INVESTMENTS 1.48% GLOBAL 0.58% ASSOCIATES 1.47% ELECTRICAL 0.58% DEVELOPMENTS 1.35% SECURITY 0.57% MEDIA 1.33% M 0.55% IT 1.31% HEALTH 0.55% BUILDING 1.29% S 0.54% M 1.22%
SIC Data
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Previous 36 months, excluding companies less than 12 months old
sic code number of companies uk companies None Supplied 2,490 265,608 70229 - Management consultancy activities other than financial management 419 42,290 99999 - Dormant Company 384 48,509 62020 - Information technology consultancy activities 335 30,178 82990 - Other business support service activities not elsewhere classified 286 58,068 96090 - Other service activities not elsewhere classified 256 29,009 74909 - Other professional, scientific and technical activities not elsewhere classified 171 19,049 86900 - Other human health activities 159 12,976 49410 - Freight transport by road 156 10,842 62090 - Other information technology service activities 138 12,837 56101 - Licensed restaurants 128 8,782 68209 - Other letting and operating of own or leased real estate 118 11,212 41100 - Development of building projects 99 11,397 47910 - Retail sale via mail order houses or via Internet 99 10,107 43999 - Other specialised construction activities not elsewhere classified 96 8,761 41202 - Construction of domestic buildings 92 7,559 56103 - Take-away food shops and mobile food stands 91 8,318 69201 - Accounting and auditing activities 90 7,528 62012 - Business and domestic software development 84 9,752 45200 - Maintenance and repair of motor vehicles 82 5,425
Recent Companies
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Randomly selected companies from this quarter
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